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Wade's outstanding stock consists of 43,000 shares of cumulative 8.50% preferred stock with a $10 par value and also 107,500 shares of common stock with
Wade's outstanding stock consists of 43,000 shares of cumulative 8.50% preferred stock with a $10 par value and also 107,500 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends. 2011 $29.000 2012 32,425 2013 64,050 2014 91,550 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Leave no cells blank - be certain to enter "O" wherever required. Omit the "$" sign in your response.) Preferred $ 29000 $ 32425 $ 36550 Common 0 0 2011 2012 2013 2014 A A A A 55000 mbinadmit the
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